Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

Buhler Industries Inc., through its subsidiaries, produces and sells agricultural equipment in Canada and internationally. Its products include tractors, sprayers, front-end loaders, augers, snow blowers, mowers, seeding and tillage equipment, compact implements, and other products. The company markets its products primarily under the Farm King, Ezee-On, Allied, Inland, and Versatile brand names through a dealer/distribution network. It also maintains parts warehouses. The company was founded in 1917 and is headquartered in Winnipeg, Canada. Buhler Industries Inc. is a subsidiary of Combine Factory Rostselmash Ltd.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item.
A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss.
(source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement

Cash Flow Statement

Balance Sheet

Liquidity Ratios

Current Ratio

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity.
ROE is sometimes called "return on net worth."

ROIC

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name

Sep '08

Sep '09

Sep '10

Sep '11

Sep '12

Sep '13

Sep '14

Sep '15

Sep '16

Sep '17

Sep '18

Equity (BVPS)

4.40

4.98

5.31

5.78

6.31

7.16

7.67

7.82

7.35

7.41

6.82

growth rate

13.2%

6.6%

8.9%

9.2%

13.5%

7.1%

2.0%

-6.0%

0.8%

-8.0%

Earnings BIT

22.58

21.49

9.22

15.54

19.64

26.59

13.83

-12.34

-13.41

-0.22

-34.85

growth rate

-4.8%

-57.1%

68.6%

26.4%

35.4%

-48.0%

-100.0%

0.0%

0.0%

0.0%

Avg.PE

9.17

9.21

17.61

11.67

8.23

8.00

11.87

34.65

34.65

207.14

197.62

growth rate

0.4%

91.2%

-33.7%

-29.5%

-2.8%

48.4%

191.9%

0.0%

497.8%

-4.6%

ROA

12.87

7.73

4.18

5.45

6.66

7.45

3.85

-1.51

-0.87

0.17

-16.24

growth rate

-39.9%

-45.9%

30.4%

22.2%

11.9%

-48.3%

-100.0%

0.0%

100.0%

-100.0%

ROE

21.02

12.27

6.36

8.60

10.71

11.64

6.66

-2.79

-1.43

0.28

-30.76

growth rate

-41.6%

-48.2%

35.2%

24.5%

8.7%

-42.8%

-100.0%

0.0%

100.0%

-100.0%

ROIC

19.20

12.47

6.94

8.83

10.90

12.67

6.93

-1.72

-0.57

-0.35

-21.69

growth rate

-35.1%

-44.4%

27.2%

23.4%

16.2%

-45.3%

-100.0%

0.0%

0.0%

0.0%

Cur. Ratio

2.19

2.47

2.72

2.61

2.69

2.48

1.89

1.87

2.32

1.90

1.53

growth rate

12.8%

10.1%

-4.0%

3.1%

-7.8%

-23.8%

-1.1%

24.1%

-18.1%

-19.5%

Quick Ratio

1.00

1.06

0.94

0.93

1.00

0.88

0.60

0.52

0.78

0.52

0.40

growth rate

6.0%

-11.3%

-1.1%

7.5%

-12.0%

-31.8%

-13.3%

50.0%

-33.3%

-23.1%

Leverage

1.62

1.56

1.49

1.66

1.56

1.57

1.88

1.80

1.50

1.72

2.13

growth rate

-3.7%

-4.5%

11.4%

-6.0%

0.6%

19.8%

-4.3%

-16.7%

14.7%

23.8%

Balance Sheet

Sep '08

Sep '09

Sep '10

Sep '11

Sep '12

Sep '13

Sep '14

Sep '15

Sep '16

Sep '17

Sep '18

Acct.Receivable

49.30

67.20

55.40

71.30

54.40

59.90

100.75

78.01

72.86

70.15

61.07

growth rate

36.3%

-17.6%

28.7%

-23.7%

10.1%

68.2%

-22.6%

-6.6%

-3.7%

-12.9%

Acct.Payable

102.74

93.06

71.62

104.34

101.05

growth rate

-9.4%

-23.0%

45.7%

-3.2%

Cur.Assets

139.40

156.50

160.10

201.40

211.60

241.60

315.56

282.02

216.05

254.89

235.50

growth rate

12.3%

2.3%

25.8%

5.1%

14.2%

30.6%

-10.6%

-23.4%

18.0%

-7.6%

Total Assets

178.60

193.80

197.20

241.70

250.80

283.50

362.84

339.03

278.42

319.74

290.38

growth rate

8.5%

1.8%

22.6%

3.8%

13.0%

28.0%

-6.6%

-17.9%

14.8%

-9.2%

Cash

14.50

0.00

0.00

0.00

19.30

24.20

growth rate

-100.0%

25.4%

Inventory

74.50

87.70

102.60

127.00

131.70

153.80

213.09

201.46

142.37

180.91

171.61

growth rate

17.7%

17.0%

23.8%

3.7%

16.8%

38.6%

-5.5%

-29.3%

27.1%

-5.1%

Cur.Liabilities

63.60

63.40

58.90

78.10

78.60

97.60

167.34

151.03

93.08

133.91

153.67

growth rate

-0.3%

-7.1%

32.6%

0.6%

24.2%

71.5%

-9.8%

-38.4%

43.9%

14.8%

Liabilities

68.50

69.40

64.60

97.20

89.80

102.70

169.57

151.07

93.13

133.94

154.11

growth rate

1.3%

-6.9%

50.5%

-7.6%

14.4%

65.1%

-10.9%

-38.4%

43.8%

15.1%

LT Debt

0.50

0.90

1.90

15.40

7.50

5.00

2.17

0.40

growth rate

80.0%

111.1%

710.5%

-51.3%

-33.3%

-56.6%

-34.4%

Equity

110.10

124.50

132.60

144.60

160.90

180.80

193.27

187.96

185.28

185.80

136.27

growth rate

13.1%

6.5%

9.1%

11.3%

12.4%

6.9%

-2.8%

-1.4%

0.3%

-26.7%

Common Shares

25.00

25.00

25.00

25.00

25.00

25.00

25.00

25.00

24.00

26.00

25.00

growth rate

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

-4.0%

8.3%

-3.9%

Cash Flow Statement

Sep '08

Sep '09

Sep '10

Sep '11

Sep '12

Sep '13

Sep '14

Sep '15

Sep '16

Sep '17

Sep '18

Capital Expenditures

2.80

-0.10

-4.10

5.70

0.90

5.70

4.64

2.73

2.79

2.96

4.80

growth rate

-100.0%

0.0%

100.0%

-84.2%

533.3%

-18.6%

-41.1%

2.0%

6.4%

62.0%

Cash Dividends

0.00

0.00

0.00

0.00

0.00

growth rate

Cash From OA

12.30

-27.56

0.30

-5.54

35.40

12.00

-68.40

18.21

28.07

-10.71

-26.45

growth rate

-100.0%

100.0%

-100.0%

100.0%

-66.1%

-100.0%

100.0%

54.1%

-100.0%

0.0%

FCF per Share

1.00

-1.04

-0.15

-0.22

0.04

1.73

-2.63

1.08

-0.07

0.53

-1.16

growth rate

-100.0%

0.0%

0.0%

100.0%

4,225.0%

-100.0%

100.0%

-100.0%

100.0%

-100.0%

FCF

25.00

-26.00

-4.00

-6.00

33.00

6.00

-70.00

15.00

25.00

-14.00

-31.00

growth rate

-100.0%

0.0%

0.0%

100.0%

-81.8%

-100.0%

100.0%

66.7%

-100.0%

0.0%

Income Statement

Sep '08

Sep '09

Sep '10

Sep '11

Sep '12

Sep '13

Sep '14

Sep '15

Sep '16

Sep '17

Sep '18

Sales

219.00

284.10

209.60

282.70

361.20

343.90

325.52

245.68

274.07

311.97

287.98

growth rate

29.7%

-26.2%

34.9%

27.8%

-4.8%

-5.3%

-24.5%

11.6%

13.8%

-7.7%

Op.Income

27.40

32.30

18.30

22.30

32.50

35.60

13.83

-12.34

-13.41

-0.22

-34.85

growth rate

17.9%

-43.3%

21.9%

45.7%

9.5%

-61.2%

-100.0%

0.0%

0.0%

0.0%

IBT

20.30

21.50

9.20

15.50

19.60

26.60

14.93

-14.52

-7.66

-2.38

-39.99

growth rate

5.9%

-57.2%

68.5%

26.5%

35.7%

-43.9%

-100.0%

0.0%

0.0%

0.0%

Net Income

11.70

14.40

8.20

11.90

16.40

19.90

12.46

-5.32

-2.68

0.52

-49.53

growth rate

23.1%

-43.1%

45.1%

37.8%

21.3%

-37.4%

-100.0%

0.0%

100.0%

-100.0%

EPS

0.47

0.57

0.33

0.48

0.65

0.80

0.50

-0.21

-0.11

0.02

-1.98

growth rate

21.3%

-42.1%

45.5%

35.4%

23.1%

-37.5%

-100.0%

0.0%

100.0%

-100.0%

Gross Profit

43.90

51.30

37.40

43.20

55.80

58.30

47.73

22.27

21.23

36.15

3.47

growth rate

16.9%

-27.1%

15.5%

29.2%

4.5%

-18.1%

-53.4%

-4.7%

70.3%

-90.4%

R&D

8.66

8.32

8.74

9.60

12.35

growth rate

-3.9%

5.0%

9.9%

28.5%

Quarterly Statements

Item Name

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Earnings BIT

-2.69

-26.03

-3.46

-3.77

0.55

growth rate

0.0%

0.0%

0.0%

100.0%

Balance Sheet

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Acct.Receivable

80.73

61.07

58.02

57.59

60.08

growth rate

-24.4%

-5.0%

-0.7%

4.3%

Acct.Payable

117.21

101.05

110.78

102.07

92.36

growth rate

-13.8%

9.6%

-7.9%

-9.5%

Cur.Assets

288.42

235.50

243.99

251.56

250.15

growth rate

-18.4%

3.6%

3.1%

-0.6%

Total Assets

354.72

290.38

296.57

303.26

300.33

growth rate

-18.1%

2.1%

2.3%

-1.0%

Cash

growth rate

Inventory

204.08

171.61

183.45

191.50

186.40

growth rate

-15.9%

6.9%

4.4%

-2.7%

Cur.Liabilities

183.70

153.67

164.29

163.95

162.20

growth rate

-16.4%

6.9%

-0.2%

-1.1%

Liabilities

184.15

154.11

164.74

164.40

162.64

growth rate

-16.3%

6.9%

-0.2%

-1.1%

LT Debt

0.41

0.40

0.42

0.41

0.41

growth rate

-1.7%

5.5%

-2.1%

-1.9%

Equity

170.57

136.27

131.83

138.87

137.70

growth rate

-20.1%

-3.3%

5.3%

-0.8%

Common Shares

30.00

30.00

30.00

30.00

30.00

growth rate

0.0%

0.0%

0.0%

0.0%

Cash Flow Statement

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Capital Expenditures

1.94

1.39

0.05

0.33

0.47

growth rate

-28.5%

-96.8%

626.7%

42.8%

Cash From OA

-2.70

12.54

-6.29

-21.47

-8.10

growth rate

100.0%

-100.0%

0.0%

0.0%

FCF

-4.64

11.15

-6.34

-21.80

-8.57

growth rate

100.0%

-100.0%

0.0%

0.0%

Income Statement

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Sales

90.81

65.68

57.33

58.11

64.15

growth rate

-27.7%

-12.7%

1.4%

10.4%

Op.Income

-2.69

-26.03

-3.46

-3.77

0.55

growth rate

0.0%

0.0%

0.0%

100.0%

IBT

-4.18

-26.40

-3.85

7.12

-1.30

growth rate

0.0%

0.0%

100.0%

-100.0%

Net Income

-2.88

-34.30

-4.44

7.04

-1.17

growth rate

0.0%

0.0%

100.0%

-100.0%

EPS

growth rate

Gross Profit

6.77

-16.61

4.96

4.82

8.09

growth rate

-100.0%

100.0%

-3.0%

68.0%

R&D

3.17

2.43

2.07

2.14

1.98

growth rate

-23.3%

-14.7%

3.4%

-7.5%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.